Annual Yogurt and Desserts Market Overview - International - 2014
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This global annual market overview will provide you with an in-depth review of the key issues in the global yogurt and desserts market through 2013 as well as our forecast for what will happen in 2014 and beyond. “
The global yogurt and desserts retail market is forecast to be worth US$78 billion in 2013.
Yogurt (both spoonable and drinkable) accounts for two-thirds of the market and grew 2%, while desserts represent a third of the market and grew 1%. The US is currently the largest yogurt and desserts market in the world.
Qualified as “emerging” by Danone’s CEO Franck Riboud, the US yogurt market offers a lot more growth opportunities due to the relatively low household penetration and consumption per capita. However, by 2016, China is forecast to become the largest yogurt and desserts market, pushing the US down to 2nd position and Japan to 3rd position.
Russia is the other big market expected to show strong growth in the near future. A third of yogurt and desserts launched in 2013 were actual new products, as opposed to reformulations, new varieties or new packaging launches.
The most innovative countries are also the largest yogurt and desserts retail markets - The US, Japan, France, Germany and the UK.”
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